NOT LISTED FOR SALE

425 Asbury Ave Unit 1st Ocean City, NJ 08226

Estimated Value: $819,487 - $944,000

3 Beds
2 Baths
-- Sq Ft
3,006 Sq Ft Lot

Last Sold March 10, 2018

Last sale price $480,000

Est. 87% increase in value since last sale

Current estimated payment $5,282/month

2 Days on Market

Highlights

  • Wood Flooring
  • Furnished
  • Outdoor Community Showers
  • Ocean City Primary School Rated A
  • Ground Level Unit
  • 4-minute walk to Veterans Memorial Park

About This Home

As of March 2018

BETTER THAN NEW! LESS THAN TWO YEARS OLD! Owner occupied in summer months only!! Upgrades galore!! You will love this GORGEOUS first floor 3 bedroom 2 bath property in the north-end of Ocean City. Conveniently located to Asbury avenue shops, restaurants, boardwalk and great beaches! No expense spared with the tasteful furnishings which are included!!! Upgraded flooring and tile throughout! Leathered granite counter-tops and tile back-splash in the kitchen. Gas heat, CA. Property features separate entrances and garage space. BEST BUY! MUST SEE!! Property was built June of 2016.

Last Agent to Sell the Property

Ellen McGonigle

BHHS FOX and ROACH-Simpson OC Listed on: 01/17/2018

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Ellen McGonigle

BHHS FOX and ROACH-Simpson OC Listed on: 01/17/2018

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,734

Year Built

  • Built in 2016

Lot Details

  • 3,006

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Location

  • Ground Level Unit

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Recreation

  • Community Boardwalk
  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,734

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds, Furnished
  • Lvt Date: 01/17/2018
  • Year Built: 2016
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Common Area Features: Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car, Attached Garage, Auto Door Opener
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Boardwalk Area

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2018
Closed on
Mar 10, 2018
Sold by
Labs Jennifer R
Bought by
Deeney Vincent F and Deeney Donna M
Seller's Agent
Ellen McGonigle
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Ellen McGonigle
BHHS FOX and ROACH-Simpson OC
List Price
$489,900
Sold Price
$480,000
Premium/Discount to List
-$9,900
-2.02%
Current Estimated Value
$898,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,622
Avg. Annual Appreciation
8.76%
Original Mortgage
$384,000
Outstanding Balance
$330,024
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$568,598

Purchase Details

Listed on
Aug 3, 2015
Closed on
Jun 3, 2016
Sold by
Duncan Real Estate Investments Llc
Bought by
Labs Jennifer R
Seller's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Ellen McGonigle
BHHS FOX and ROACH-Simpson OC
List Price
$421,000
Sold Price
$421,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$378,900
Interest Rate
3.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Deeney Vincent F $480,000 --
Labs Jennifer R $421,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deeney Vincent F $384,000
Previous Owner Labs Jennifer R $378,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2018 03/10/18 Sold $480,000 -2.0% --
01/19/2018 01/19/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $489,900 +16.4% --
06/03/2016 06/03/16 Sold $421,000 0.0% --
04/05/2016 04/05/16 Pending -- -- --
08/03/2015 08/03/15 For Sale $421,000 -- --
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,734 $421,900 $136,500 $285,400
2024 $4,734 $421,900 $136,500 $285,400
2023 $4,519 $421,900 $136,500 $285,400
2022 $4,341 $421,900 $136,500 $285,400
2021 $3,145 $421,900 $136,500 $285,400
2020 $4,126 $421,900 $136,500 $285,400
2019 $4,080 $421,900 $136,500 $285,400
2018 $4,042 $421,900 $136,500 $285,400
2017 $3,979 $421,900 $136,500 $285,400
Source: Public Records

Agents Affiliated with this Home

  • Ellen McGonigle

    Seller's Agent in 2018

    Ellen McGonigle

    BHHS Fox & Roach

    (609) 602-7507

    74 in this area

    125 Total Sales

    Ellen McGonigle
    Section Image
  • Cheryl Huber

    Seller's Agent in 2016

    Cheryl Huber

    BHHS Fox & Roach

    (609) 602-2322

    216 in this area

    325 Total Sales

    Cheryl Huber
    Section Image
  • Douglas Grisbaum

    Seller Co-Listing Agent in 2016

    Douglas Grisbaum

    LONG AND FOSTER REAL ESTATE INC-Ocean City, Asbury Ave

    (609) 335-3801

    62 in this area

    67 Total Sales

    Douglas Grisbaum
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 499378

South Jersey Shore Regional MLS

APN: 08 00407-0000-00010- 01-C1

New Jersey Cape May County Ocean City 08226

425 Asbury Ave Unit 1st, Ocean City, NJ

This home is located at 425 Asbury Ave Unit 1st, Ocean City, NJ 08226 since 17 January 2018 and is currently estimated at $898,622. This property was built in 2016. 425 Asbury Ave Unit 1st is a home located in Cape May County with nearby schools including Ocean City Primary School, Ocean City Intermediate School, and Ocean City High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

Nearby Homes